BTC $77,830.28 -3.03%
ETH $2,442.61 -2.70%
BNB $691.11 -2.96%
XRP $1.38 -4.83%
SOL $104.12 -4.63%
TRX $0.3413 +1.08%
DOGE $0.0852 -4.38%
ADA $0.2031 -4.99%
BCH $247.94 -8.07%
LINK $11.43 -3.94%
HYPE $80.90 -4.43%
AAVE $122.18 -4.58%
SUI $0.7430 -4.79%
XLM $0.1794 -4.23%
ZEC $801.45 -1.06%
BTC $77,830.28 -3.03%
ETH $2,442.61 -2.70%
BNB $691.11 -2.96%
XRP $1.38 -4.83%
SOL $104.12 -4.63%
TRX $0.3413 +1.08%
DOGE $0.0852 -4.38%
ADA $0.2031 -4.99%
BCH $247.94 -8.07%
LINK $11.43 -3.94%
HYPE $80.90 -4.43%
AAVE $122.18 -4.58%
SUI $0.7430 -4.79%
XLM $0.1794 -4.23%
ZEC $801.45 -1.06%
hot_img

Musk releases controversy over cryptocurrency trading tax issues, mentioning a project that briefly surged over 120%

2025-01-03 08:47:26

ChainCatcher message, Musk posted a controversy regarding crypto trading taxes on his social platform, the original text reads: "A customer bought $7,000 worth of cumrocket and staked it for 3 months to earn a 6900% return. Then they sold and withdrew the profits to invest in NFTitties, but the developers rug pulled the project, and they only managed to liquidate 10% of the funds. Can the customer deduct the gas fees for minting to offset short-term capital gains tax?"

As a result of this news, the token CumRocket (CUMMIES) surged 124% in a short time.

app_icon
ChainCatcher Building the Web3 world with innovations.